Pension Calculator | Defined Benefit & Payout Estimator
Calculate your defined benefit pension payout based on service years, salary, and accrual rate. Factor in early retirement, COLA, and survivor benefits.
Starting Monthly Pension
$3,010
Starting Annual Pension: $36,125
Unreduced Base Pension$42,500/yr
Early/Delay Penalty-15.0%
Cumulative Payout$1,168,609
Pension Accrual formula
Retirement Age Settings
Survivor & Inflation Settings
Nominal Pension vs. Real Purchasing Power Chart
Projections & Actions
COLA & Purchasing PowerCost-of-Living Adjustments (COLA) help shield your pension payout from the eroding effects of general market inflation. The chart models how your nominal benefit grows over time compared to its real purchasing power value in today's dollars.
Annual Pension Projection Ledger Table
| Year | Age | Nominal Annual Pension | Nominal Monthly | Real Annual Value | Real Monthly | Cumulative Payout |
|---|---|---|---|---|---|---|
| Year 0 | Age 62 | $36,125 | $3,010 | $36,125 | $3,010 | $36,125 |
| Year 1 | Age 63 | $37,028 | $3,086 | $35,950 | $2,996 | $73,153 |
| Year 2 | Age 64 | $37,954 | $3,163 | $35,775 | $2,981 | $111,107 |
| Year 3 | Age 65 | $38,903 | $3,242 | $35,601 | $2,967 | $150,010 |
| Year 4 | Age 66 | $39,875 | $3,323 | $35,429 | $2,952 | $189,885 |
| Year 5 | Age 67 | $40,872 | $3,406 | $35,257 | $2,938 | $230,757 |
| Year 6 | Age 68 | $41,894 | $3,491 | $35,086 | $2,924 | $272,651 |
| Year 7 | Age 69 | $42,941 | $3,578 | $34,915 | $2,910 | $315,592 |
| Year 8 | Age 70 | $44,015 | $3,668 | $34,746 | $2,895 | $359,607 |
| Year 9 | Age 71 | $45,115 | $3,760 | $34,577 | $2,881 | $404,722 |
| Year 10 | Age 72 | $46,243 | $3,854 | $34,409 | $2,867 | $450,965 |
| Year 11 | Age 73 | $47,399 | $3,950 | $34,242 | $2,854 | $498,364 |
| Year 12 | Age 74 | $48,584 | $4,049 | $34,076 | $2,840 | $546,948 |
| Year 13 | Age 75 | $49,799 | $4,150 | $33,911 | $2,826 | $596,747 |
| Year 14 | Age 76 | $51,044 | $4,254 | $33,746 | $2,812 | $647,791 |
| Year 15 | Age 77 | $52,320 | $4,360 | $33,582 | $2,799 | $700,111 |
| Year 16 | Age 78 | $53,628 | $4,469 | $33,419 | $2,785 | $753,738 |
| Year 17 | Age 79 | $54,968 | $4,581 | $33,257 | $2,771 | $808,707 |
| Year 18 | Age 80 | $56,343 | $4,695 | $33,095 | $2,758 | $865,050 |
| Year 19 | Age 81 | $57,751 | $4,813 | $32,935 | $2,745 | $922,801 |
| Year 20 | Age 82 | $59,195 | $4,933 | $32,775 | $2,731 | $981,996 |
| Year 21 | Age 83 | $60,675 | $5,056 | $32,616 | $2,718 | $1,042,671 |
| Year 22 | Age 84 | $62,192 | $5,183 | $32,457 | $2,705 | $1,104,862 |
| Year 23 | Age 85 | $63,747 | $5,312 | $32,300 | $2,692 | $1,168,609 |